The Citizens National Bank of Meyersdale in Meyersdale, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches


The Citizens National Bank of Meyersdale - Overview

  • General
  • FDIC Certificate #: 7919
    Status: Active
    Federal Reserve ID: 56427
    Date Established: January 01, 1869
    WWW: http://www.citizensmeyersdale.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 5072
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 135 Center Street, Meyersdale, PA 15552
    County: Somerset
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Wexford
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Metropolitan Statistical Area (MSA): Johnstown, PA (#3680)
    Core Based Statistical Area (CBSA): Somerset, PA (#43740)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $86.8 mil
    Equity capital: $9.9 mil
    Deposits held in domestic offices: $76.2 mil
    Return on assets (ROA): 0.70% ($0.6 mil)
    Quarterly return on assets: 0.48% ($0.4 mil)
    Return on Equity (ROE): 6.09% ($0.6 mil)
    Quarterly return on equity: 4.08% ($0.4 mil)
    Net income: $0.6 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.81% ($703.2 mil)
    Quarterly Pretax return on assets: 0.55% ($477.5 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 17Total employees (full-time equivalent)
  • $86,817Total assets
  • $1,630Cash and due from depository institutions
  • $1,063Interest-bearing balances
  • $31,129Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $50,174Net loans & leases
  • $431Loan loss allowance
  • $0Trading account assets
  • $374Bank premises and fixed assets
  • $147Other real estate owned
  • $0Goodwill and other intangibles
  • $86,817Life insurance assets
  • $3,363All other assets
  • $76,958Total liabilities and capital
  • $76,201Total liabilities
  • $66,978Total deposits
  • $76,201Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $757Subordinated debt
  • $9,859All other liabilities
  • $9,859Total equity capital
  • $9,859Total bank equity capital
  • $0Perpetual preferred stock
  • $208Common stock
  • $292Surplus
  • $9,359Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,475Income earned, not collected on loans
  • $0Earning assets
  • $352Long-term assets (5+ years)
  • $82,366Average Assets, year-to-date
  • $50,333Average Assets, quarterly
  • $82,584Volatile liabilities
  • $85,873Insider loans
  • $44,521FHLB advances
  • $85,542Loans and leases held for sale
  • $2,588Unused loan commitments
  • $2,588Tier 1 (core) risk-based capital
  • $9,788Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,690Restructured Loans and leases
  • $693Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,553Total interest income
  • $1,306Total interest expense
  • $2,247Net interest income
  • $222Provision for loan and lease losses
  • $209Total noninterest income
  • $19Fiduciary activities
  • $45Service charges on deposit accounts
  • $0Trading account gains & fees
  • $145Additional noninterest income
  • $1,780Total noninterest expense
  • $878Salaries and employee benefits
  • $159Premises and equipment expense
  • $743Additional noninterest expense
  • $454Pre-tax net operating income
  • $213Securities gains (losses)
  • $88Applicable income taxes
  • $579Income before extraordinary items
  • $0Extraordinary gains - net
  • $579Net income attributable to bank
  • $0Net charge-offs
  • $579Cash dividends
  • $158Sale, conversion, retirement of capital stock, net
  • $177Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.55%Yield on earning assets
  • 1.67%Cost of funding earning assets
  • 2.88%Net interest margin
  • 0.27%Noninterest income to earning assets
  • 2.28%Noninterest expense to earning assets
  • 0.48%Net operating income to assets
  • 0.70%Return on assets (ROA)
  • 0.81%Pretax return on assets
  • 6.09%Return on equity (ROE)
  • 4.23%Retained earnings to average equity (YTD only)
  • 0.34%Net charge-offs to loans
  • 140.51%Credit loss provision to net charge-offs
  • 4.28%Efficiency ratio
  • 72,476Assets per employee
  • 5.11%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 30.57%Loss allowance to loans
  • 0.85%Loss allowance to noncurrent loans
  • 29.22%Noncurrent assets plus other real estate owned to assets
  • 1.87%Noncurrent loans to loans
  • 2.91%Net loans and leases to deposits
  • 65.84%Net loans and leases to core deposits
  • 67.70%Equity capital to assets
  • 11.36%Core capital (leverage) ratio
  • 11.44%Tier 1 risk-based capital ratio
  • 21.99%Total risk-based capital ratio
  • Memoranda
  • $23Average assets
  • $82,584Average earning assets
  • $9,512Average equity
  • $78,084Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $4,477Managed Assets
  • 1Number of Accounts
  • $4,477Personal trust and agency accounts
  • $4,477Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 64Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 1 Pennsylvania Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    05072The Citizens National Bank Of Meyers135 Center Street, Meyersdale, PA 15552January 01, 1869Full Service Brick and Mortar

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